Should you hire a buyer broker?

Real Estate
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Should you hire a buyer broker?

Real Estate
Share this Post

That means the

higher the price, the higher the commission.

Listen to your broker's advice, but remember that

it's up to you to make sure your broker knows

your limit on the price.

Under the

traditional agent-buyer relationship, your agent

cannot opinionate about a home's disadvantages or

drawbacks. But if you do decide to hire a buyer

broker, your broker won't be constrained from

criticizing or giving favorable advice to help

you discriminate between homes and get a better

price.

You might be asked

to sign an agreement to work exclusively with the

buyer broker during your home search. Whether you

enter into an exclusive agreement depends on how

confident you are about the individual and the

quality of services he or she will provide. Try

signing a short-term contract of 30 days or so,

then renew for a longer period if you're happy.

Whatever you

decide, don't sign anything until you get all

your questions answered. Ask specifically how the

broker will get paid, by fee or commission, and

how much.

For more

information on any aspect of buying a home, go to

https://www.ahahome.com , the web site for American

Homeowners Association.

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